Stay updated with breaking news from Beyla. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
China Baowu Steel Group (Baowu) has raked in CNY10bn ($1.4bn) through a bond issue, a major chunk of which will be used to fund the Simandou iron ore project in Guinea, according to a Reuters report.
The world's largest steelmaker China Baowu Steel Group has raised 10 billion yuan from a bond issue, in part for the giant Simandou iron ore project in Guinea, it said on Monday. The...
The $38m junior is about to drill right next to the giant Simandou iron ore project. Plus, uranium bulls rage on and BHP’s chosen juniors.
In December, Anglo-Australian mining giant Rio Tinto announced that it was set to spend $6.2 billion on mining the rich, high-grade iron ore deposits of eastern Guinea’s Simandou Mountains, with production beginning in 2025. The eye-watering figure spoke to the project’s importance: after 25 years of stop-and-start progress, if it reaches Rio Tinto’s shipping target […]
In its Q4 trading update, Rio Tinto reports that iron ore production at its major Pilbara region in Western Australia fell by 2% year-on-year, to 87.5 million tonnes, while iron ore shipments declined...